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Rs 90 Crore Order Received by Axiscades from BEL

Rs 90 Crore Order Received by Axiscades from BEL

27 May 2024

Axiscades Technologies is at the top of the game in delivering end-to-end technology and engineering solutions, contributing to innovative, sustainable and safer products globally. With its headquarters in Bangalore, the firm has a global presence with branches in the USA, UK, Canada, Germany, India, and China while there are offices located also in Germany, France, …

RVNL emerged as the lowest bidder (L1) for Nagpur Metro project worth Rs.187.34 Cr

RVNL emerged as the lowest bidder (L1) for Nagpur Metro project worth Rs.187.34 Cr

27 May 2024

Rail Vikas Nigam Limited (RVNL) operates in various sectors within the railway infrastructure sector, taking up diverse projects such as new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, and construction of cable-stayed bridges, etc. RVNL Emerges as L1   RVNL has secured a significant contract from Maharashtra Metro Rail Corporation (Nagpur Metro) …

India’s Flaming Summer Can Be a Beneficial For The Earnings of These Stocks

India’s Flaming Summer Can Be a Beneficial For The Earnings of These Stocks

27 May 2024

A flaming summer is gripping a significant portion of India now, with the country recorded its highest temperature of 50C on Saturday. This hot summer is also boosting optimism of higher earnings for various companies in the fifth-largest stock market in the world. Companies like Varun Beverages, Adani Power, and Voltas are going to have …

TVS Motor Expands African Presence with Launch of Feature-Packed HLX 125 in Tanzania

TVS Motor Expands African Presence with Launch of Feature-Packed HLX 125 in Tanzania

27 May 2024

TVS Motor Company (TVSM), a global leader in two-wheeler and three-wheeler vehicles, announced the launch of the TVS HLX 125 with 5-gears in Tanzania. This strategic move strengthens TVS Motor’s presence in the vibrant African market, offering Tanzanian riders a powerful yet fuel-efficient motorcycle. Built for Performance and Efficiency The TVS HLX 125 caters to …

Excel Industries Poised for Expansion into Contract Manufacturing: Signed Supply Agreement with MNC

Excel Industries Poised for Expansion into Contract Manufacturing: Signed Supply Agreement with MNC

27 May 2024

Excel Industries Limited, a leading innovator in indigenous chemical technology and sustainable waste management, announced a significant development that underscores its commitment to growth. The company has signed a long-term agreement with a leading multinational company (MNC) to supply a niche chemical. Multi-Year Agreement Secures Revenue Stream This strategic 5-year contract is projected to generate …

Gokaldas Exports Announced Q4 Results: Revenue Soared 54%

Gokaldas Exports Announced Q4 Results: Revenue Soared 54%

27 May 2024

On May 27, 2024, Gokaldas Exports Limited released its earnings for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Gokaldas reported a consolidated revenue of ₹818.0 crore for the quarter compared to ₹530.1 crore in Q4 FY2023. It posted a consolidated profit after tax of ₹44.3 crore against ₹47.2 crore in the …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

27 May 2024

Domestic indices, which started today’s trading session on a notably higher note, later trimmed their initial gains to trade flat. This pattern was also observed in the broader indices. The most affected sectors included energy, oil & gas, power, utilities and auto. At 10:10 am, the BSE Sensex gained 0.13% reaching a level of 75,502. …

Upper Circuit Stocks Today – 27 May, 2024

Upper Circuit Stocks Today – 27 May, 2024

27 May 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 120 points or 0.17% at 75,534, while the Nifty-50 was up around 45 points or 0.19% at 23,001. About 1,800 shares have advanced; 1,316 declined and 147 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Share Market Pre Open Updates – May 27, 2024

Share Market Pre Open Updates – May 27, 2024

27 May 2024

On May 24, 2024, the Nifty 50 declined 0.05% and closed at 22,957, and the Sensex dropped 0.01%, closing at 75,410.  Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Financial Services, Nifty Oil & Gas, and Nifty Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Realty, Nifty Midsmall Healthcare and Nifty …

Hindalco announces Q4FY24 results, net profit up by 32%

Hindalco announces Q4FY24 results, net profit up by 32%

24 May 2024

In Q4FY24, the company exhibited strong financial growth and improved operational efficiency compared to Q4FY23. Despite stagnant revenue from operations, the company saw a remarkable 32% increase in net profit, reaching Rs.3,174 crore. Moreover, EBITDA surged by 23.7%, indicating enhanced profitability and better management of operational costs. The EBITDA margin also saw a significant uptick, …

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